Ivanhoe drilling intersects gold
One of three holes drilled in the Hatter Dome area on the Ivanhoe property has intersected 525 ft. grading 0.012 oz. gold per ton from 1,330 ft. to 1,855 ft. The property, in Elko Cty., Nev., is 75% o…
News
COMMENTARY — Silver, zinc to the rescue (November 01, 1993)
The discovery that silver activates oxygen in water to destroy bacteria and viruses instantly opens a new chapter in the use of silver for water purification. Spearheaded by Fountainhead Technologies …
EDITORIAL PAGE — The value of risk capital
An interim report from the commission probing both the Vancouver Stock Exchange and the British Columbia Securities Commission (BCSC) provides interesting and, dare we say, encouraging insights into t…
LETTERS TO THE EDITOR — Don’t ignore your contacts
Would you believe that the exploration departments of many junior and senior mining firms do not acknowledge letters of proposals or submissions from prospectors, promoters and geologists? As time mar…
ODDS’N’SODS — Patience has its own rewards
At last the Quirke mine and mill in Elliot Lake, Ont., started into production in the summer of 1956. Expectations were high with the anticipated precipitation of “yellow cake,” or uranium oxide, from…
Conference targets industrial minerals
Industrial mineral suppliers, consumers, traders and consultants from across North America and Europe converged on Toronto recently for the Canadian Conference on Markets for Industrial Minerals. Dele…
THE DIAMOND PAGE — Results pending from Yamba Lake
In the Northwest Territories, results are still awaited from additional holes drilled in the Yamba Lake region where the latest kimberlite discoveries were made. This project is a joint venture involv…
STOCK MARKETS — Resource index boosted by Yamba Lake
The election of a new parliament, of course, has little effect on western markets, although gold investors may take heart in the Grits’ historically looser monetary policy and the resulting effect on …
FINANCING (November 01, 1993)
Franco-Nevada Mining — One million units, each consisting of sh and wt @ $75 per unit. Redfern Res. — 1.8 million units issued on the exercise of special wts @ $2.75 per special wt. Kinross Gold — …
Spot prices at a glance (November 01, 1993)
Week’s Price (US) Change Gold* $368.65 $2.95 Silver* $ 4.39 $0.10 Platinum* $372.75 $2.50 Nickel** $ 2.01 $0.11 Lead** $ 0.18 $0.00 Copper $ 0.72 $0.01 Zinc $ 0.41 $0.01 Courtesy of Scotiabank. Inform…
TSE INDICES (November 01, 1993)
Week Oct 26 Oct 25 Oct 22 Oct 21 Oct 20 High Low Composite”300″ 4187.15 4155.26 4153.81 4163.05 4182.24 4187.81 4143.38 Metals&Minerals 3002.05 2994.54 2996.72 3026.61 3034.56 3059.21 2971.81 Integrat…
Noranda swings Chinese deal
The copper smelting technology of Noranda Copper Smelting and Refining, a unit of Noranda (TSE), will be exported to China. The decision is the result of an agreement with the China National Nonferrou…